Categories
markets-journal

Markets Journal 06/24/2020

  • Rad Universe Top Movers:
    • Penn National Gaming PENN: -9.36%
    • Rubicon Project RUBI: -8.47%
    • United Airlines UAL: -8.34%
  • Disney announced Disneyland’s re-opening date to be delayed further from July 17 as state of California has not announced re-opening guidelines for theme parks
  • Interesting Insider Trades:
    • Steven Schuurman, former CEO and founder of Elastic ESTC sold ~$62.8 million worth of ESTC shares
    • Next Alt S.a.r.l., personal holding company of Patrick Drahi sold ~$424.5 million worth of Altice USA ATUS shares
  • Major Moves:
    • Momo MOMO reached a 52 week low at $18.28
    • Wix.com WIX reached an all time high at $249.74
Categories
markets-journal

Markets Journal 06/22/2020

  • Rad Universe Top Movers:
    • Sonos SONO: +17.80%
    • Virgin Galactic Holdings SPCE: +15.93%
    • Box BOX: +11.47%
  • Update to Rad Universe:
    • Added Tortoise Acquisition Corp SHLL which has agreed to acquire an electric vehicle company recently due to interest in the EV space and it is a special situation as the company is a SPAC
  • Apple AAPL debuts iOS 14 at the WWDC 2020 event
  • Interesting Read:
    • Lawrence Hamtil @lhamtil shared a cool two part deep dive on Altria Group MO, check it out here
  • Notable Analyst Actions:
    • Stifel downgraded rating of Lam Research LRCX from Buy to Hold with a price target of $305
    • UBS downgraded rating of American Express AXP from Neutral to Sell
    • UBS upgraded rating of Discover Financial Services DFS from Neutral to Buy and raised price target from $36 to $72
  • Major Moves:
    • MercadoLibre MELI reached an all time high at $977.75
    • Chegg CHGG reached an all time high at $69.75
    • Box BOX reached a 52 week high at $21.30
    • DocuSign DOCU reached an all time high at $169.57
    • Adobe ADBE reached an all time high at $433.66
    • Tractor Supply Co TSCO reached an all time high at $129.69
    • Wix.com WIX reached an all time high at $243.73
    • Camping World Holdings CWH reached a 52 week high at $28.06
    • Netflix NFLX reached an all time high at $463.57
    • Square SQ reached an all time high at $103.29
    • Sea SE reached an all time high at $111.37
    • Etsy ETSY reached an all time high at $96.69
    • Wayfair W reached an all time high at $214.24
    • Teledoc Health reached an all time high at $206.50
    • Snap SNAP reached a 52 week high at $22.93